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June 17, 2024

Hydropower

WECC
WECC Flags Hydro in BC, SW Heat as Potential Summer Concerns
Extreme heat in the Desert Southwest and low hydro in the Northwest could pose reliability problems for the Western Interconnection this summer, although the region doesn’t face an alarming risk for grid emergencies, WECC officials said.
Terra-Gen
CAISO, WEIM Boards Approve Proposal to Raise Offer Cap
CAISO’s Board of Governors and WEIM Governing Body unanimously voted to approve an expedited proposal to increase the ISO’s soft offer cap from $1,000/MWh to $2,000.
RWE
CAISO Moves for Expedited Change to Soft Offer Cap
CAISO is proposing to raise the soft offer cap in its market from $1,000/MWh to $2,000 to accommodate the bidding needs of battery storage and hydro resources in time for operations this summer.
Shutterstock
FERC Denies Permit for Pumped Storage Hydro on Navajo Land
FERC denied an application for a 3.6-MW pumped storage hydropower facility on the Little Colorado River in Arizona —  entirely on Navajo Nation land — after the tribe protested that it had not been consulted with by the developer.
EIA
EIA: Western Hydro Output Hit 22-year Low Last Year
Despite record winter precipitation in California, hydroelectric generation in the Western U.S. fell to a 22-year low in the 2022/23 water year, largely due to drought conditions in Washington and Oregon.
Shutterstock
National Grid Backs out of Twin States Clean Energy Link Project

Despite support from the Department of Energy, National Grid has backed out of a major project to significantly increase the two-way transmission capacity between New England and Quebec.

Hydro-Québec
Québec, New England See Shifting Role for Canadian Hydropower
With the days of endless cheap hydropower in Québec coming to an end, and the Northeastern U.S. hoping to rapidly scale up intermittent renewables, the two regions may be forced to fundamentally reconsider the role of hydropower on the grid. 
ISO-NE
Prices, Renewables Rise in New England Capacity Auction

ISO-NE's capacity prices cleared at $3.58/kW-month in FCA 18, a nearly $1 increase over last year.

BPA
Parties Split on Biden Administration Deal on Snake River Dams
House Republicans lambasted a deal that the Biden administration struck between Oregon, Washington and four tribes on four dams along the Snake River.
BC Hydro
Hydro Fuels Uptick in CAISO Exports, Market Monitor Reports
CAISO’s net energy exports have increased sharply this year, with imports being displaced by increased output from California’s hydroelectric and natural gas resources.

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